The numbers: The number of Americans who applied for unemployment benefits at the end of April rose by 13,000 to 242,000 and hinted at some softening in a muscular U.S. labor market.
New jobless claims increased from a revised 229,000 in the prior week, the Labor Department said Thursday. The figures are seasonally adjusted.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US: Labor market continues to incrementally cool – Wells FargoData released on Tuesday showed the number of job openings decreased to 9.59 million in March. Analysts at Wells Fargo point out that although still h
Read more »
Congress presses Chinese fast-fashion giant Shein on forced labor | CNN BusinessUS Congress is stepping up the pressure on Chinese fast-fashion giant Shein.
Read more »
US labor market softens as job openings drop, layoffs at highest level in over 2 yearsU.S. job openings fell for a third straight month in March and layoffs increased to the highest level in more than two years, suggesting some softening in the labor market that could aid the Federal Reserve's fight against inflation.
Read more »